NOT LISTED FOR SALE

5048 Terrace Palms Cir Unit 102 Tampa, FL 33617

Estimated Value: $129,000 - $164,000

2 Beds
2 Baths
879 Sq Ft
$380/mo HOA Fee

Last Sold July 19, 2024

Last sale price $169,000 $192 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,326/month

61 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Attached Garage
  • King High School Rated A-
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of July 2024

Active again financing fell through Come and see this beautiful condominium in a great location!! First floor 2 bedrooms 2 full bathrooms. Kitchen was completed renewed, freshly painted and well-maintained property. Inspection report available
Walking distance to USF Shuttle and UNIVERSITY OF SOUTH FLORIDA. This property features an open concept kitchen and dining room, Low HOA fee includes - Clubhouse, Pool, outside maintenance, sewer, trash and water. Just minutes from I-75, Advent Health Hospitals, VA hospitals, Moffitt Cancer Center, Busch Gardens as well as shopping, restaurants, entertainment and more.

Last Agent to Sell the Property

Laura Guastella

GRAYSTONE REAL ESTATE Brokerage Phone: 727-201-4011 License #3454252 Listed on: 04/18/2024

Last Buyer's Agent

Charlotte Williams

THE WILLIAMS REAL ESTATE CO License #3233484

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1983

Lot Details

  • North Facing Home

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 879 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, pool, maintenance structure, ground maintenance, recreational facilities, sewer, trash, water
  • Jonah Galewitz Association
  • Visit Association Website
  • Terrace Palms Condo Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,586

Year Built

Built in 1983

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other, Wood Frame
  • Fireplace: No
  • Living Area: 879
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 879
  • Lot Size Sq Ft: 874
  • Directions to Property: From the corner of Fowler Avenue and 50th Street, go north on 50th Street to the complex on the right, take left and the building faces 50th Street.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33626
  • Escrow State: FL
  • Escrow Street Name: Gunn Hwy
  • Escrow Street Number: 8381
  • Floor Number: 1
  • List Office Head Office Key Nume: 204363947
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 192.26
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-201-4011
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5048
  • Has Basement: Other
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 81.66
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12057C0217H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Pool
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Association Name: Jonah Galewitz
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Contact Wise Property Management
  • Association Fee Requirement: Required
  • Building Name Number: 5048
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: recepcionist@wisepropertymanagement.com
  • Monthly Condo Fee Amount: 0
  • Association URL: wisepropertymanagement

Fee Information

  • Total Annual Fees: 4560.00
  • Total Monthly Fees: 380.00
  • Monthly HOA Amount: 380.00

Lot Info

  • Zoning: SPI-UC-3
  • Parcel Number: U-10-28-19-1HB-000000-00A13.0
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 81

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact Wise property management

Tax Info

  • Tax Annual Amount: 1586
  • Tax Block: A
  • Tax Book Number: 5-46
  • Tax Lot: NA

Multi Family

  • Approval Process: application must be appoved by wise property management

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jul 18, 2024
Sold by
Margust Corp
Bought by
Garrido Joseph
Seller's Agent
Laura Guastella
GRAYSTONE REAL ESTATE
Buyer's Agent
Charlotte Williams
THE WILLIAMS REAL ESTATE CO
List Price
$175,000
Sold Price
$169,000
Premium/Discount to List
-$6,000
-3.43%
Views
108
Current Estimated Value
$151,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,579
Avg. Annual Appreciation
-8.61%
Original Mortgage
$10,000
Outstanding Balance
$9,881
Interest Rate
6.99%
Estimated Equity
$141,540

Purchase Details

Listed on
Jul 26, 2019
Closed on
Nov 15, 2019
Sold by
Mehos Constantine J and Mehos Penelope L
Bought by
Margust Corp
Seller's Agent
Coleen Garner
CENTURY 21 ELITE LOCATIONS, INC
Buyer's Agent
Laura Guastella
GRAYSTONE REAL ESTATE
List Price
$100,000
Sold Price
$85,000
Premium/Discount to List
-$15,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.85%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garrido Joseph $169,000 Amz Title
Margust Corp $85,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrido Joseph $10,000
Open Garrido Joseph $163,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $169,000 -3.4% $192 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $175,000 0.0% $199 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $175,000 0.0% $199 / Sq Ft
06/05/2020 06/05/20 Rented $1,100 0.0% --
04/28/2020 04/28/20 Price Changed $1,100 -8.3% $1 / Sq Ft
02/24/2020 02/24/20 Price Changed $1,200 -7.7% $1 / Sq Ft
01/28/2020 01/28/20 For Rent $1,300 0.0% --
11/18/2019 11/18/19 Sold $85,000 -8.6% $97 / Sq Ft View Prior Sale
11/02/2019 11/02/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $93,000 -7.0% $106 / Sq Ft
07/26/2019 07/26/19 For Sale $100,000 -- $114 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,710 $115,935 $100 $115,835
2023 $1,586 $109,864 $100 $109,764
2022 $1,445 $98,262 $100 $98,162
2021 $1,253 $73,014 $100 $72,914
2020 $1,181 $60,406 $100 $60,306
2019 $1,072 $59,511 $100 $59,411
2018 $1,032 $60,385 $0 $0
2017 $903 $47,067 $0 $0
2016 $807 $38,252 $0 $0
2015 $751 $34,775 $0 $0
2014 $719 $33,146 $0 $0
2013 -- $30,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3517233

Stellar MLS

APN: U-10-28-19-1HB-000000-00A13.0